Search For "remittances"
Ethiopia records more remittances from diaspora
Updated : 2 weeks, 6 days ago IST
Addis Ababa [Ethiopia], July 23 (ANI/Xinhua): Ethiopian diaspora remittances reached 4.2 billion U.S. dollars during the Ethiopian 2021/2022 fiscal year that ended on July 7, said authorities.
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India's remittances from Gulf region declined in FY21: RBI
Updated : 3 weeks, 5 days ago IST
New Delhi [India], July 18 (ANI): The share of remittances from the Gulf Cooperation Council (GCC) region to India has declined in 2021, the Reserve Bank of India said, reflecting a slower pace of migration and the presence of the Indian diaspora in informal sectors that were hit the most du
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ED attaches Rs 5551.27 cr of Xiaomi Technology India Pvt Ltd under Foreign
Updated : 3 months, 2 weeks ago IST
New Delhi [India], April 30 (ANI): The Enforcement Directorate (ED) has seized Rs 5551.27 crore of Xiaomi Technology India Pvt Ltd-- a wholly-owned subsidiary of China-based Xiaomi group-- under the Foreign Exchange Management Act (FEMA) in connection with illegal remittances made by the
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IndusInd Bank, NPCI join hands to offer cross-border payments through UPI
Updated : 7 months, 2 weeks ago IST
Mumbai [India], December 29 (ANI): IndusInd Bank has signed an agreement with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances through Unified Payments Interface (UPI).
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Pakistan's foreign remittances fall in November, exchange rate against US
Updated : 7 months, 3 weeks ago IST
Islamabad [Pakistan], December 23 (ANI): In Pakistan the exchange rate witnessed a persistent decline against the US dollar for the last several months because of the fall in foreign remittances by 6.6 percent despite contradicting claims by Pakistan economic managers.
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Pakistan borrows USD 14.3 billion foreign loans in FY21
Updated : 1 year ago IST
Islamabad [Pakistan], July 20 (ANI): Pakistan Ministry of Economic Affairs reported on Monday that the government received USD 14.283 billion foreign loans during the fiscal year 2020-21, compared to USD 10.66 billion in 2019-20, showing an increase of 34 per cent.
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Nepal economy on a gradual recovery path: Fitch
Updated : 1 year, 2 months ago IST
Singapore, June 5 (ANI): Fitch Solutions has maintained FY21 (mid-July 2020 to mid-July 2021) real GDP growth forecast for Nepal at 2 per cent and forecast growth of 3.5 per cent in FY22.
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Financial field scholar Andreas Szakacs shares strategies of financial adv
Updated : 1 year, 4 months ago IST
New Delhi [India], March 22 (ANI/The PRTree): An expert at delivering financial advising to East European companies, Andreas Szakacs, CEO of OmegaPro World - a FOREX trading platform, aims to provide guidance to customers in regard to money remittances between countries. Helpful to Europe
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Two of Capital India Finance arms - RapiPay and RemitX - partner for Inter
Updated : 1 year, 4 months ago IST
New Delhi [India], March 16 (ANI/NewsVoir): S.K Narvar promoted Capital India Finance Limited (CIFL), a tech-enabled SME Finance player, has announced the partnership of its fintech subsidiary RapiPay and its cross-border remittances business vertical 'RemitX' to provide international outwar
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TerraPay forays into Bank Account payments in the USA and Canada to facili
Updated : 1 year, 5 months ago IST
The Hague (Netherlands) [India], March 8 (ANI/PRNewswire): TerraPay, a leading global payments infrastructure company, announced its expansion into Bank Account payments in the USA and Canada markets to facilitate digital cross border remittances and speedy money transfers to senders (partne
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Pakistan relations with traditional allies in Gulf are on downswing: Schol
Updated : 1 year, 7 months ago IST
Hong Kong, January 07 (ANI): Pakistan's declining relations with its two biggest sources of foreign remittances and foreign exchange-- Saudi Arabia and the United Arab Emirates (UAE)-- is "bad news" for its already ailing economy, said scholar Salman Rafi Sheikh.
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Global economy could lose $108 billion in remittances: ADB
Updated : 2 years ago IST
Manila [The Philippines], Aug 3 (ANI): Global remittances will fall by 108.6 billion dollars if the Covid-19 economic impact persists throughout the year, the Asian Development Bank (ADB) said on Monday.
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